|
|
| . | ![]() |
. |
|
|
by Staff Writers Canberra, Australia (SPX) Nov 05, 2014
The Clean Energy Council has congratulated Trustpower and Siemens on the launch of the second stage of the Snowtown Wind Farm, but warned other projects would be few and far between under the Federal Government's current proposal to slash the Renewable Energy Target (RET). Clean Energy Council Acting Chief Executive Kane Thornton said the second stage of the Snowtown project would power the equivalent of 170,000 homes and offset 700,000 tonnes of carbon emissions every year. "The South Australian Government has recognised the many benefits that renewable energy can bring to the local economy, and its support has been extremely important for the continued development of wind power in the state," Mr Thornton said. "Wind power now provides more than a quarter of South Australia's electricity and, in combination with rooftop solar, it provided more than the state's total energy needs between 9.30am and 6pm on one day in September this year. Along with the billions of dollars in investment and economic activity wind power has generated in the state, renewable energy has been a remarkable success story for South Australia." Mr Thornton said the review of the Renewable Energy Target by the Federal Government this year meant investment was extremely hard to come by for the Australian renewable energy industry. "Business is booming in renewable energy across the globe - just not Down Under. Analysis by Bloomberg New Energy Finance shows that Australia is having its worst year for clean energy investment in more than a decade, and it has now slipped behind countries such as Algeria and Myanmar," he said. "This investment freeze is likely to continue while the Federal Government's review of the policy is creating so much uncertainty across the sector. "A week ago it led to the announcement that 100 workers at Keppel Prince Engineering will lose their jobs, and this is just a taste of what's to come unless we can resolve this quickly."
Related Links Clean Energy Council Wind Energy News at Wind Daily
|
| ||||||||||||||||||||
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service. |